Former Food Manufacturing
For Sale
Contact for pricing
138 W 21st St, Hazleton, PA
20,000 SF multi-level building with manufacturing, office, and retail space.
Property Size20,000 SF
Lot Size0.18 Acres
Price / SF$65
Days on Market322
Property Features for 138 W 21st St
General Information
Standard status
Active
Size
20,000 SF
Lot size
0.18 Acres
Property subtype
INDUSTRIAL
Properties For Sale
at 138 W 21st St
138 W 21st St
AVAILABLE, Now
Floor
Bldg
Size
20,000 SF
Type
INDUSTRIAL
Sublease
No
- 20,000 SF, multi-level former food manufacturing facility
- Some office and retail space
- 2nd floor offers living quarters
- Contact Listing Agent for Lease price details.
Contact us
Listing Agency:
Hanna Commercial Real Estate | Lehigh Valley, PA
(610) 398-0411
Listed By:
Robert Nemeth, Sr.
(570) 578-4358
Source:
Moodyscre
Added: Nov 25, 2025
Changed: Oct 12
Last Checked: Oct 12 at 10:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hanna Commercial Real Estate | Lehigh Valley, PA
Investment Insights
Based on property information with market context.
This is a 20,000 square foot multi-level former food manufacturing facility. The property includes some office and retail space. The second floor offers living quarters. The building is located in Hazleton, Pennsylvania.
Key Highlights
- 20,000 SF multi‑level former food manufacturing facility
- Some office space
- Some retail space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$110,376
Cap Rate
8.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,207,520
$2.2M
Cap Rate 7%
$1,576,800
$1.6M
Cap Rate 9%
$1,226,400
$1.2M
Market Conditions
NOI Build-Up for 20,000 SF
Gross rent
$175.2K $8.76/SF
− Vacancy
−$17.5K −$0.88/SF
EGI
$157.7K $7.88/SF
− OpEx
−$47.3K −$2.37/SF
NOI
$110.4K $5.52/SF
Area
Luzerne County, PA
Vacancy
10.00%
Lease Rate
$8.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,207,520
Cap Rate 7%
$1,576,800
Cap Rate 9%
$1,226,400
Alternative Uses
Best Use
Industrial
$1.58M
$1.38M – $1.84M
NOI $110,376 @ 7.0% cap · market cap 8.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.34M
$5.54M – $7.39M
NOI $443,520 @ 7.0% cap · market cap 34.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
651
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - 20,000 SF multi-level building with manufacturing, office, and retail space.
Where is this manufacturing property located?
The property is located at 138 W 21st St Hazleton, PA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 20,000 SF multi‑level former food manufacturing facility; Some office space; Some retail space
